Stax

SEPTEMBER 26, 2024

This is good news because it means you won’t have to inflate your base prices to cover payment processing fees. Transparency in billing practices helps customers understand what they pay for and provides a reference point in case of disputes. That said, you can’t just decide and impose credit card surcharges overnight.

Credit Cards 88

Credit Cards Caps Best Practices Laws 88

EBizCharge

MAY 14, 2024

With automation, businesses can easily adjust billing structures without requiring manual intervention or adjustments to their billing systems. To convey this information clearly, include concise billing terms on each invoice, covering payment due dates, applicable late fees, and accepted payment methods.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

The Payments Association

OCTOBER 22, 2024

A wide range of firms in the payments sector are affected by the FCA’s Consumer Duty, with specific responsibilities applying to each to ensure good consumer outcomes are being delivered. These firms must adhere to the Duty’s requirements, ensuring their approach adheres to their business models and services offered.

Consumer 88

Consumer Assessments Compliance Payments 88